RenRe’s Medici cat bond fund tops $1.5bn as third-party income rises
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement



Cookies Settings

RenRe’s Medici cat bond fund tops $1.5bn as third-party income rises

Fiona Robertson
03 May 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
ren_re_renaissance_bermuda_logo_2022.png

RenaissanceRe said its Medici cat bond fund surpassed $1.5bn in assets after the end of Q1, as income delivered to third-party investors soared year on year due to improved investment and underwriting results.

Third-party AuM/fundraising: The reinsurer said it raised $621.2mn of third-party capital during Q1, which had risen by more than $200mn from the 1 January intakes of $403mn previously reported by the carrier.

New

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsResultsRenaissanceRe
fiona robertson/fiona robertson ii ils.png
Fiona Robertson
Editor-in-Chief
Contact
Gift this article